Assessing Officer wrongly ignored crucial documents for unsecured loans, CIT(A) rightly overturns AO's Section 68 additions.

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....Addition u/s 68 - unsecured loans - the AO did not acknowledge the confirmation along with PAN number, ITR and bank account of the appellant which were very relevant regarding the identity, capacity of the creditors showing their creditworthiness and genuineness of the transaction of unsecured loans the AO simple rejecting the same without any basis and could not satisfied the requirement of valid invocation of provision of section 68 - CIT(A) rightly deleted the additions - AT....